The development comes subsequent to the meeting between Prime Minister Narendra Modi and his United Kingdom counterpart Keir Starmer on the sidelines of the G-20 Summit in Rio de Janeiro, Brazil.
Total imports during the first five months of the current fiscal are estimated at $375.33 billion, registering a growth of 7.20 per cent.
The meeting was co-chaired by Rajesh Agrawal, Additional Secretary, Department of Commerce, India and Mastura Ahmad Mustafa, Deputy Secretary General (Trade), Ministry of Investment, Trade & Industry, Malaysia.
The delegation was led by Secretary, Department of Commerce, Sunil Barthwal. At the forum, the region's top investors, clean economy companies, and start-ups came together to mobilise investments into sustainable infrastructure, climate technology, and renewable energy projects.
NLP on September 17 has received a strong response from the industry with 13 firms joining the platform in less than two weeks of the launch.
The media house has though referred to the Ministry of Commerce report for the claim.
42 Indian entrepreneurs representing 20 Indian start-ups participated in the event and pitched before Chinese investors.
Apart from global cues, outflow of foreign funds from the Indian equity and bond markets has had an adverse impact on the rupee.
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